Here's your summary from Bloomberg Daybreak: Asia 05/30/2024 (https://www.youtube.com/watch?v=x7TSPzknkYw) on the Bloomberg Television channel:

### TLDR:

Rising Treasury yields are impacting global markets, with Asian markets opening weakly and concerns about equity sentiment.

### Key Points:

1. Weak Treasury auctions are affecting sentiment across asset classes, with bets for rate cuts still present despite a positive economic outlook.

2. The Nikkei opened down by about 1%, with concerns about Dollar yen reaching 160 and potential intervention.

3. Australian markets saw mixed performance, with BHP shares weakening after walking away from a bid, while tech earnings provided some positivity.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro

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